Document library

Year-end 2023 combined investment report; general employees fund real estate composite covers Intercontinental U.S. Real Estate (core) and JP Morgan U.S. Real Estate (core plus); police fund holds Intercontinental only; real estate sector outlook included.

Quarterly combined investment report covering all three City of Atlanta pension plans; real estate composite includes Intercontinental U.S. Real Estate (core), JP Morgan U.S. Real Estate Income & Growth Fund (core plus, general employees), and RREEF America II LP (core, police fund; inception Sep 2024).

Verus quarterly investment performance review covering KCERA's total fund including core and private real estate allocations as of June 30, 2024; includes Verus 2024 Real Assets Outlook.

Manager update disclosing $100M commitment to Carlyle Realty Partners X L.P. (opportunistic US real estate), allocated $40M to Pension Pool and $60M to Legacy Fund; IC approved 9/13/2024.

Manager update disclosing $75M commitment to Ares US Real Estate Fund XI L.P., a US opportunistic real estate fund; the commitment was allocated between the Pension Pool and Legacy Fund.

Verus quarterly investment performance review covering KCERA's total fund including core and private real estate allocations as of September 30, 2023.

Verus quarterly investment performance review covering KCERA's total fund including core and private real estate allocations as of December 31, 2025.

Callan 10-year capital market assumptions presentation to the Investment Committee including real estate return projections (7.25–7.50%), risk/return framework for core real estate, and alternatives.

Verus quarterly investment performance review covering KCERA's total fund including core and private real estate allocations as of December 31, 2024.

Verus quarterly investment performance review covering KCERA's total fund including core and private real estate allocations as of December 31, 2023.

Verus quarterly investment performance review covering KCERA's total fund including core and private real estate allocations as of June 30, 2023.

Verus quarterly investment performance review covering KCERA's total fund including real estate; includes Verus research on State of the Core Real Estate Fund Universe.

Verus quarterly investment performance review covering KCERA's total fund including core and private real estate allocations as of March 31, 2023.

Staff presentation covering private equity and real estate market overview, real estate strategies (core, value-add, opportunistic), allocations by pool, and real estate strategy update that proceeded into executive session.

Aon recommends and Board approves $100M in Realty Income's open-ended US core-plus fund targeting diversified net-lease investments in industrial and retail properties across 33 states.

Annual Real Assets program review covering private real estate, infrastructure, and natural resources; top managers PGIM (11.2%), Blackstone (7.9%), Morgan Stanley (7%), Clarion (5.8%). Total Real Assets ~$15.9B as of August 2025.

Open-session education presentation by two WSIB real estate intermediaries covering US real estate market outlook including tariff impacts on industrial, residential rationale, retail supply, self-storage demand, and office market dynamics.